Deals
UK - MidOcean restructures bezier group
MidOcean Partners has restructured its portfolio company bezier group, a retail marketing agency, in a deal that will see a new management team appointed and new equity injected into the business to the tune of ТЃ6.5m.
GERMANY - Creathor backs EUR 4m Cevec investment
Creathor Venture Fonds and NRW Bank have co-led a EUR 4m investment in biotechnology company Cevec Pharmaceuticals, alongside a syndicate of private and institutional investors, including the venture capital branch of Sparkasse KoelnBonn and KfW bank's...
FRANCE - AGF et al. complete EUR 20m TravelHorizon transaction
AGF Private Equity and CM-CIC Capital Privé have joined returning investor Wellington Partners in a EUR 20m investment in online travel operator TravelHorizon.
GREECE - PPF considers Wind bid
Czech private equity firm PPF Partners is rumoured to be considering a last minute offer to acquire indebted telecommunication business Wind Hellas, alongside Italian insurance firm Generali.
UK - MMC Ventures invests £1.2m in e-trader group
MMC Ventures has invested just over ТЃ1m in online trade business e-trader group.
UK - Exponent acquires enlarged Ambassador
Exponent Private Equity has acquired a majority holding in Ambassador Theatre Group in a transaction that will see the theatre operator simultaneously acquire the UK operations of its rival, Live Nation.
FRANCE - CVC and Cognetas lose CPI investment
CVC and Cognetas have lost their stakes in Chevrillon Philippe Industrie (CPI), a book printing group. The Paris-based company was taken over by its lenders led by Royal Bank of Scotland. RBS, 17 other creditors and management will now hold 100% of the...
SWEDEN - STING Capital backs FileRide with SEK 2m
Swedish venture investor STING Capital has backed social networking software company FileRide with SEK 2m.
GERMANY – Consortium funds Probiodrug AG with EUR 36m
BB Biotech and Edmond de Rothschild Investment Partners have co-led a EUR 36m Series-B round in biotech company Probiodrug AG. Other backers included LSP Life Science Partners, Biogen Idec New Ventures and existing investors IBG Fonds, managed by Goodvent,...
POLAND - Enterprise Investors take 50% stake in PBKM
Enterprise Investors' has invested a little over PLN 18.1m (about EUR 4.4m) in biotechnology business Polski Bank Komórek Macierzystych, acquiring a 50% stake in the company.
NETHERLANDS - KBC-backed arGEN-X gets a further EUR 1.3m
Biopharmaceutical firm arGEN-X, which is backed by a venture capital consortium comprising KBC Private Equity, BioGeneration Ventures, Erasmus MC Biomedical Fund, Thuja Capital Healthcare Funds, has received a EUR 1.3m grant from the Institute for the...
UK - DN Capital backs MBO of Datanomic; 3i exits
Media and technology investor DN Capital has backed the management buyout of software company Datanomic Ltd, acquiring 3i's shares and loans in the business.
FRANCE - Oddo keeps Faith with EUR 1.5m investment
Oddo has provided Faith Connexion, a clothing company, with in a second round of investment worth EUR 1.5m.
FRANCE - Newfund agrees buyout of 118000
Newfund has completed its third deal with the management buyout of 118000, a phone service and internet company, from German telecommunications business Telegate.
AUSTRIA – MIG & EdRIP co-lead EUR 4m PDC Biotech round
MIG Verwaltungs AG and Edmond de Rothschild Investment Partners (EdRIP) have co-led a EUR 4m series-A funding round in biotechnology start-up PDC Biotech GmbH.
GERMANY – HTGF invests in enexion GmbH
High-Tech Gründerfonds has participated in a first round of funding for software company enexion GmbH.
UK - WestBridge backs e2train MBO
WestBridge Fund Managers has backed the management buyout of e-learning business e2train. No financial details have been disclosed.
FRANCE - Crédit Agricole PE and Soridec back Aquafadas with EUR 1.2m
Crédit Agricole Private Equity and Soridec have provided Aquafadas, a software company, with an investment of just over EUR 1m.
FRANCE - Advent to sell Monext
Advent International looks set to exit its investment in electronic payment company Monext, which it spun out from Experian France in 2008, in a trade sale to Crédit Mutuel Arkéa.
FRANCE - Perfectis-backed Maxiper acquires TEA
Perfectis Private Equity-backed marketing business Maxiper has purchased outsourced telephone assistance business TEA - BGME Group.
FRANCE - Duke Street loses control of Navimo
Duke Street Capital-backed Navimo, a producer of yachting accessories, has completed a restructuring that sees the private equity sponsor lose its majority interest in the business.
UK - Atlas exits Koodos
Atlas Venture has exited online discount fashion retailer Koodos Ltd through a trade sale to software development company e-trader.
SWEDEN - CapMan to acquire SRK Konsultation
Nordic investor CapMan, via its Life Science IV Fund, has agreed to acquire a majority stake in healthcare business SRK Konsultation from the company's founder, Thomas Björkman, for an undisclosed sum.
UK- Vision Capital's First Quench goes into administration
Vision Capital-backed First Quench, the owner of the Threshers and Wine Rack chains, has been placed into administration.